200 Old Phelps Lane, Morehead, KY 40351

Local realty services provided by:ERA Select Real Estate
200 Old Phelps Lane,Morehead, KY 40351
$989,000
  • 6.5 Acres
  • Lots / Land
  • Active
Listed by:tamara hurst
Office:simplihom
MLS#:25501216
Source:KY_LBAR

Price summary

  • Price:$989,000

About this home

This 6.5-acre commercial property off I-64 at exit 133 is competitively priced, partially cleared, and ready for excavation. With over 400 feet of road frontage, it ensures excellent visibility. Situated in one of Kentucky's fastest-growing areas, the site links the interstate to Cave Run Lake and Daniel Boone National Forest. Nearby amenities include AppHarvest Greenhouse, Rowan County Airport, National Guard Readiness Center, and Maysville Community College. Recent investments, such as Eastern Light Distilling's 140 million project, showcase the area's growth, alongside upcoming developments like Liberty Mart and Hog's Trough Barbecue Restaurant. With flexible zoning, this property is suitable for a range of commercial uses, including healthcare facilities, office complexes, and multifamily housing. Owners are open to subdividing. Seize this exceptional opportunity—contact us today for more details!

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Home facts

  • Listing ID #:25501216
  • Added:16 day(s) ago
  • Updated:September 29, 2025 at 03:50 PM

Structure and exterior

  • Lot area:6.5 Acres

Finances and disclosures

  • Price:$989,000
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